Stock Check: Upbeat Biocon gets its formulations right

_Firstpost_has been tracking, to the minutest detail, stock trends in small-, mid- and large-cap segments. We are not recommending these shares for buying or selling, but we do offer pointers on price and performance trends. Here is our in-depth analysis on the list of 9 stocks we had put out this morning.

National Aluminiumwas a sell call below Rs 80 and a price target of Rs 75. The stock plunged to a low of Rs 79.20 on Thursday and closed the day at Rs 80.60. We continue with our sell call and price target.

Hexawarewas a sell call which was not triggered on Thursday.

Educompwas a sell call below Rs 380 and a target of Rs 360. The stock dived to Rs 373.15 and closed at Rs 375.30 on Thursday. We maintain our target of Rs 360 for the stock.

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[caption id=“attachment_45840” align=“alignleft” width=“380” caption=“Biocon was also a sell call with a target of Rs 350. Punit Paranjpe/Reuters”]  [/caption]

Bioconwas also a sell call with a target of Rs 350, which was achieved as the stock hit a low of Rs 348.40 on Thursday.

CESCwas a buy call which was not triggered on Thursday.

Our buy call on Bombay Dyeingwas also not triggered on Thursday.

ITCwas triggered on the long side above our entry price of Rs 207.35 on Tuesday. The stock scaled a high of Rs 207.80 and closed the day at Rs 206.90. We maintain our target of Rs 215 for the stock.

IDFCwas a buy call above Rs 143.15 which was triggered on Monday. However, on Thursday, we have been stopped out of the trade as the stock slipped below Wednesday’s low of Rs 139.50.

Our buy call on Bank of Barodawas also stopped out with the stock slipping below Wednesday’s low of Rs 890.15.

“Neither the author of this post nor his immediate family members has a stake/share in the above-mentioned shares/mutual funds.”

FIRSTPOST DISCLAIMER:_Firstpost_brings you information and opinions on shares, funds and other investment options based on broker reports and private equity research. Investors are, however, warned that they should NOT take any buy or sell decision based on the views expressed in our posts or what market movements. Investors should consult their own financial and share advisors before taking purchase or sale decisions._Firstpost_does not take any responsibility for any losses incurred by investors who take their cues from our posts and chat sessions.